Several producers on The Simpsons have indicated that they were willing to take a pay cut to keep the show on the air.

The long-running animated series could be axed due to a contract dispute between the show's voice actors and 20th Century Fox.

However, some of the show's producers have now agreed to a reduced wage in order to extend the series beyond its current 23rd season, according to Entertainment Weekly.

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20th Century Fox TV previously demanded that the show's voice cast take a 45% pay cut, and later rejected a counter offer of a 30% reduction, plus a portion of the show's back-end earnings.

However, all sides are said to be committed to reaching a deal, with at least one final season of The Simpsons likely to be produced.

The Simpsons first premiered in December 1989. It is the longest-running American sitcom, the longest-running American animated programme and the longest-running American primetime scripted television series ever.